Investors have been encouraged by surprisingly good corporate earnings, three interest rate cuts by the Federal Reserve and data showing that the U.S. economy is still growing solidly. Hopes that the United States and China can make progress in their latest push for a trade deal have also helped keep investors in a buying mood.
A report showing U.S. retail sales rebounded a modest 0.3% in October after falling the previous month also encouraged traders. J.C. Penney surged after it raised its profit forecast. Communication services firms also helped lift the market. Google parent Alphabet rose 1.9%, hitting an all-time high.
The rich get riicher.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks retreat from record closes for S&P 500 and Dow as U.S. - China trade talks stallU.S. stocks pull back Thursday, drifting lower a day after the Dow Jones Industrial Average and S&P 500 eked out record closes. Lol they playing that game on people's emotions and money Want to hop that ban waggaon, we all know we're is heading to a cliff Hop on the future Cryptocurrency XRP blockchain do your own research not financial advice 😉
Source: MarketWatch - 🏆 3. / 97 Read more »
The Dow nears 28,000 as stocks rallyUS stocks are rallying Friday as the Dow is zeroes in on breaking through 28,000 points for the first time in history. Meanwhile Trump is killing it! KTLA Still winning! Is that impeachable?
Source: CNN - 🏆 4. / 95 Read more »
Stock market today: S&P 500, Dow, Nasdaq post record highs - Business InsiderThe Dow Jones Industrial Average, S&P 500 index, and Nasdaq composite all rose during US trading on Friday.
Source: BusinessInsider - 🏆 729. / 51 Read more »
S&P 500, Dow eye record highs at open on trade deal hopes, solid earningsThe S&P 500 and Dow Jones indexes were set to hit fresh record highs at the open... CNN will blame the lows on Trump and praise someone else for the highs. Lol!
Source: Reuters - 🏆 2. / 97 Read more »
Stocks set all-time highs at opening bell on U.S.-China trade hopesU.S. stocks were tugged higher on Friday following comments by White House officials that talks toward a U.S.-China phase one trade deal were entering their... more trade PERMABULLSHIT lol what a sick joke Pump, pump.
Source: MarketWatch - 🏆 3. / 97 Read more »
Trade deal hopes, surging health stocks power Wall Street to highsWall Street's main stock indexes closed at record levels on Friday, fueled ... vampires getting rich on killing us why do investors believe anything out of this Admin. I mean tomorrow or Sunday China, Mexico, Canada,EU will say it is all BS. What trade deal? Orange said he wasnt going to do it
Source: Reuters - 🏆 2. / 97 Read more »